Transmutex

Geneve, Switzerland Founded: 2019 • Age: 7 yrs
Developer of accelerator-powered technology for nuclear waste remediation and medical isotope production

About Transmutex

Transmutex is a company based in Geneve (Switzerland) founded in 2019 by Franklin Franklin Servan-Schreiber and Federico Carminati. Transmutex has raised $31.91 million across 4 funding rounds from investors including Tiny VC, HCVC and Union Square Ventures. Transmutex offers products and services including Accelerator Technology, Software Designs, and Radioisotope Production.

  • Headquarter Geneve, Switzerland
  • Founders Franklin Franklin Servan-Schreiber, Federico Carminati
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website transmutex.com
  • Social LinkedIn X
  • Legal Name Transmutex Sa
Key Metrics
  • Total Equity Funding
    $31.91M (USD)

    in 4 rounds

  • Latest Funding Round
    $23.14M (USD), Series A

    Jan 2024

  • Investors
    Tiny VC

    & 9 more

Products & Services of Transmutex

Transmutex offers a comprehensive portfolio of products and services, including Accelerator Technology, Software Designs, and Radioisotope Production.

Accelerator Technology
Energy Solutions

Converts nuclear waste into clean energy

Software Designs
Engineering Tools

Software for nuclear energy applications

Radioisotope Production
Medical Products

Produces isotopes for cancer diagnosis

Funding Insights of Transmutex

Transmutex has successfully raised a total of $31.91M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $23.14 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $31.91M
  • Total Rounds 4
  • Last Round Series A β€” $23.14M
  • First Round $2.89M

    (May 2021)

  • Investors Count 10

All 4 funding rounds of Transmutex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2024$23.14MSeries A–Union Square Ventures, Steel Atlas
Jul 2022$101,998Series A–Fongit
–
Jul 2021$5.78MSeries A–Union Square Ventures
May 2021$2.89MSeed––
–
Valuation history

10 investors in total: 10 institutional.

Investors in Transmutex

Transmutex has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Tiny VC, HCVC and Union Square Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on blockchain, wellbeing, and multiple sectors
–usv.comNew York, United States
Steel Atlas is focused on investing in industrial technology resilience.
–steelatlas.vcNew York City, United States
-
–atoneventures.com-
Investments are directed toward hard-tech and full-stack companies by HCVC.
2014hcvc.coSan Francisco, United States
Venture capital-backed accelerator focused on healthcare and multiple sectors.
–alleycorp.comNew York, United States
House Of Ventures is operated as an active fund of funds focused on venture capital.
–houseof.vc-
Venture capital fund backed by the Christian family office
–presight.vcWest Hollywood, United States
Venture capital firm focused on science and tech-driven startups
–verve.vcBerlin, Germany
Early-stage startups are accelerated and supported by Fongit in Switzerland.
–fongit.chGeneva, Switzerland
Investments in early-stage startups are enabled via an online platform.
2015tiny.vcLondon, United Kingdom
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Investor details for Transmutex

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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People of Transmutex

20 people are tracked at Transmutex (9 in leadership, 11 in team).

NameRoleGroup
Franklin Franklin Servan-Schreiber
Co-Founder & CEOLeadership
Federico Carminati
Co-FounderLeadership
Franklin Servan-Schreiber
Co-Founder, PresidentLeadership
Monika Sitko
Head Of Planning And Technical CoordinationLeadership
Jean-Christophe de Mestral
Board Member & CFO - Scientific Advisory Committee Founder / Institutional RelationsLeadership
Massimo Barbagallo
Head Of Target GroupLeadership
Donovan Maire
Chief Technology OfficerLeadership
Guido Houben
Head Of Strategy, Germany & FranceLeadership
Guilhem Lacaze
Head Of SoftwareLeadership
Ilaria A. Valli
Human Resources ManagerTeam
Dr. Marco Busch
Cyclotron Task Force CoordinatorTeam
Alexandre Amorim Carvalho
Systems EngineerTeam
Vasudha Verma
Manager, Transmutation Reactor UnitTeam
Thomas Guilbaud
Nuclear EngineerTeam
Lorenzo Cattoni
Nuclear Thermohydraulic EngineerTeam
Marco Bocchio
Senior AI EngineerTeam
Evgeny Solodko
Magnet Design EngineerTeam
Franco Di Ciocchis
Senior R&d Mechanical EngineerTeam
Rafik Chaabouni
AdvisorTeam
Tony Williams
ConsultantTeam
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Complete people profiles for Transmutex

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Transmutex

3 dated milestones of Transmutex across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Transmutex is founded.
  2. Funding First funding round of $2.9M.
  3. Funding Latest funding round, Series A, of $23.1M.

Web traffic of Transmutex

The website of Transmutex (transmutex.com) receives about 9.1K visits a month.

  • Monthly visits
    9.1K

    ▲ 391.4% vs previous month

Latest news on Transmutex

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Complete news archive for Transmutex

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Transmutex

10 companies that operate in the same segment as Transmutex (Nuclear & Fusion Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of energy solutions
1925Juno Beach, Florida, United States–USD 26.53 B16,800
Fuel and power producer in the nuclear energy sector
2001United StatesUSD 307.86 M––
Clean energy solutions for generation, retail, and heating are provided.
1998Espoo, Finland–USD 5.86 B4,470
Advanced nuclear reactors are designed for low-carbon energy solutions.
2006Bellevue, Washington, United StatesUSD 1.46 B–299
Compact tokamak fusion reactors are developed with superconducting magnets.
2018Cambridge, Massachusetts, United StatesUSD 3.93 B––
Advanced nuclear reactors are designed, built, and operated by Newcleo.
2021London, England, United KingdomUSD 769.93 MUSD 11.38 M–
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
2010Redmond, Washington, United StatesUSD 1.44 B––
Energy corporation
1903Newark, New Jersey, United States–USD 12.28 B13,050
Energy utilities, natural gas, and communications technology are provided.
1912United States–USD 29.55 B28,600
FRC nuclear fusion reactors are developed using advanced beam technology.
1998Lake Forest, California, United StatesUSD 1.32 B––
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Frequently Asked Questions about Transmutex

Transmutex was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Transmutex is headquartered in Geneve, Switzerland. It is registered at Geneve, Geneve, Switzerland.

Franklin Franklin Servan-Schreiber is the current CEO of Transmutex. They have also founded this company.

Transmutex is a funded company, having raised a total of $31.91M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.89M, raised on May 2021.

Transmutex was founded in 2019 in Geneva, Switzerland, within the nuclear technology sector. Accelerator-driven systems are utilized to remediate nuclear waste by converting it into usable energy, thereby reducing waste volume and radiotoxicity. Medical radioisotopes are produced for diagnostics and treatment applications. The generated energy supports district heating or electricity production. Operations emphasize safety enhancements and proliferation resistance across European facilities.

Transmutex offers Accelerator Technology, Software Designs, and Radioisotope Production.

Transmutex has 10 investors. Key investors include Tiny VC, HCVC, Union Square Ventures, Steel Atlas, and At One Ventures.

Transmutex operates through Transmutex Sa.

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